$899,000
-$100,0001307 W Martin Luther King Jr Boulevard, Los Angeles CA 90037
Multi-Family (Fourplex)
Property type
124 days
On market
$207
Price per sqft
0 cars
Garage
1921
Year built
7,875 sqft
Lot size
Home highlights
Open Houses
Overview
Come take a look at this quadruplex fixer opportunity offering strong investment potential. The property consists of four units. One unit is a 2-bedroom, 1-bath that has been viewed and features a spacious kitchen with ample cabinet space and an open counter opening to the living area, along with a small bonus walk-in room off the kitchen, suitable for a pantry, office, or...
Listing provided by: Mary Paul DRE #01274665 310-251-2211, Century 21 Coastal Properties
Listing updated: May 13, 2026 at 12:16pm.
Last checked: Jun 5, 2026 at 01:00pm
Source: CRMLS #SB26022507
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,022 | $1,022 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $839 | $839 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $935 | $935 | $1,800 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Total Actual Rent: $4,796
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
15.6x
List Price / Annual Gross Rent
Cap Rate
5.09%
NOI / List Price
Gross Scheduled Income: $57,552
Operating Expense: $11,800
Net Operating Income: $45,752
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $2,400
Professional Management: $3,600
Trash: $0
Water / Sewer: $5,800
Interior
Interior Features: Ceiling Fans, Pantry
Room Type: Bonus Room, Den, Laundry, Living Room
Flooring: Vinyl
Cooling: None
Heating: Wall Furnace
Fireplace: None
Laundry: Washer Hookup, Gas Dryer Hookup
Accessibility: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Door Features: Mirrored Closet Doors
Roof: Shingle
Foundation: Slab
Window Features: Screens
Construction Materials: Drywall, Stucco
Exterior: Awnings
Common Walls: One Common Wall
Security Features: Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Chain Link
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Unimproved
Garage and Parking
Parking: No Driveway, Deck, Unpaved
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5037001022
Additional Parcels: No
Tax Lot: 41
Zoning: R3-1-CPO
Tax Block: C
Community
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 1307 W Martin Luther King Jr Boulevard, Los Angeles, CA 90037. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$719,200
Total Interest
$917,300
Total Payment
$1,636,500
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,632
per month
Property History for 1307 W Martin Luther King Jr Boulevard
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90037.
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